115 Main St Osage, IA 50461-1008
This exceptional turnkey business opportunity in Osage, IA, presents a rare chance to acquire a thriving multi-faceted establishment. Located at 115 Main Street, this 6,409 square foot property sits on a 0.76-acre lot, boasting a prime highway location with ample parking and a convenient drive-through/take-out lane. The building features a spacious dining room with seating for over 100 patrons, a separate ice cream/coffee shop with additional seating, and a full bar equipped with chilled beer tappers. A state-of-the-art kitchen and extensive food preparation equipment are included, ensuring seamless operation. The property also includes indoor and basement storage areas, an outdoor garage, a carport, and a separate shop/storage/retail building, offering significant versatility and expansion potential. The expansive covered, finished concrete, fenced patio provides additional outdoor seating and ambiance. The well-appointed bathrooms add to the overall comfort and convenience. The asking price of $579,000 includes all real estate, equipment, and fixtures, presenting a complete and profitable business package ready for immediate operation. This is a truly unique opportunity to own a well-established and successful business in a desirable location.
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Kwik Serve & Locals On Main Bar & Pub Restaurant
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Maple Leaf on Main Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.